Bush proposes financial regulation overhaul - Stocks & economy- msnbc.com - 0 views
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Bush administration is proposing a sweeping overhaul of the way the U.S. financial industry is regulated.
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to deal with the problems highlighted by the current severe credit crisis, the new plan would give major new powers to the Federal Reserve
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designate the Fed as the primary regulator of market stability, greatly expanding the central bank's ability to examine not just commercial banks but all segments of the financial services industry.
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